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Author Topic: Is Bitcoin the next big thing?  (Read 1970 times)
mOgliE
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December 19, 2017, 04:02:54 PM
 #61

Hi,

You actually summarize the questions that every bitcoiners worry about. We don't know how to turn this volatile currency into a money that can be used in everyday life. We hope it will last. We bet on making large profits.

Truth is that we don't have the slightest idea about what will happen. But we are trying, hoping luck will be on our side!

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December 19, 2017, 04:47:35 PM
 #62

Right now bitcoin is a big thing, lot of hype has been created around it, however it would be difficult to see bitcoin replacing fiat currency, since fiat currency has been in the economy since forever and people trust it more than bitcoins
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December 22, 2017, 03:49:41 AM
 #63

Right now bitcoin is a big thing, lot of hype has been created around it, however it would be difficult to see bitcoin replacing fiat currency, since fiat currency has been in the economy since forever and people trust it more than bitcoins

It is possible bitcoin will replace the fiat money and will probably change our economy. It is also possible that bitcoin will make a move to the wall street and the stock exchange.
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December 22, 2017, 04:10:30 AM
 #64

Bitcoin is already the biggest thing right now. Everybody is talking about it, some countries have already embrace it, and some people who love gold are already scared of bitcoin.
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December 22, 2017, 05:45:12 AM
 #65

When we begin paying our taxes out of BTC, that is the moment when it had become 'the next big thing'

Not really. Who on earth will use his precious coins to pay their by-government-created debt? And if I remember correctly, there is already a country where you can use Bitcoin to pay your due taxes up to a certain amount. If we go by your logic, it means that Bitcoin has been 'the next big thing' for quite some time already. Aside from all this, Bitcoin is already in progress to become the next best thing, and that's by people utilizing Bitcoin's technical aspects (e.g. currency aspect, store of value aspect, voting and proof of identity purposes, etc). The more people utilize Bitcoin, the more valuable it becomes, it's that simple.

Nice said. The idea behind is simple, the demand and its reaction by the market. If more demands creates which is now happenning, the price goes even faster. For the adoption, we need more people in bitcoin so that more people use it. And it won't replace fiat.
If you will take such sort of risks, then you will not be able to make anything good in your life. All your dreams of getting rich will remain as your dream only.

If you really want to have something in your life, then you must be brave and you should go for investing your money in bitcoin as early as possible. Bitcoin is going to surprise this world soon. you will be happy from your decision of investing in bitcoin.
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December 22, 2017, 05:52:28 AM
 #66

If every people in the world invest in bitcoin what would happen then to our stock exchange and economy? Already, bitcoin has made big this year. What more could it possible do next?
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December 22, 2017, 06:02:55 AM
 #67

Same as that internet made an advancement leading to a massive change in the growth of technology. Now as a part this has begun to support the economy of individuals as well has lead to a large scale change in the economic situation of the firms accepting bitcoin.
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December 22, 2017, 06:06:07 AM
 #68

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

Actually bitcoin today is a big thing and all of a sudden bitcoin today is become famous not just in terms of its value who rises and reach a big value but of course the way it helps many people. Even those jobless people was very thankful to have bitcoin because in just simple way and you only need internet and gadget, you can earn bitcoin.

decoder88
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December 22, 2017, 06:09:04 AM
 #69

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

Yes. Bitcoin will be a big thing in the future because as we can see how it helps many people and how bitcoin is for people today. Bitcoin as well as technology are continuously progressing in a way that the value itself rises and many people are actually happy about that. Bitcoin today is very helpful and serves as source of income of many people today.
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December 22, 2017, 07:41:06 AM
 #70

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

Actually bitcoin today is a big thing and all of a sudden bitcoin today is become famous not just in terms of its value who rises and reach a big value but of course the way it helps many people. Even those jobless people was very thankful to have bitcoin because in just simple way and you only need internet and gadget, you can earn bitcoin.

I think so as well. Just as how the internet was well critized before and is now a necessity, bitcoin, or crypto in general, may have the same effect in the near future. Blockchain technology to be specific is already being studied and considered by a lot of big name companies

 
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December 22, 2017, 08:05:55 AM
 #71

It really is the next big thing as the popularity of bitcoins has soar a lot since it was conceive. So it is not a surprise that it is considered to be the future of trade...
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December 23, 2017, 07:52:10 AM
 #72

well bitcoin cannot replace our traditional normal currency, but they adopt bitcoin for more convenience to use, like we can carry a large amount of money while we are in other country using this bitcoin, we can send/receive money where ever we want in an instant way with no tax implemented. and i personally invest in bitcoin for so many reasons, even the volatility of bitcoin comes every minutes, i always had a chance to change my future life by investing in bitcoin, and i do believe and continue believing in this bitcoin.

Bitcoin is already the next big thing.We had barter system which was replaced by gold. Gold was overcome by the fiat currency and now fiat will end very soon and we will be having a pure digital currency which is called Bitcoins. Just consider the importance of this currency that at present only 20 percent or less population of the world actually use the bitcoin and you can see its price crossing 20K dollars. What will happen when 50 or 80 percent of the people willing to get bitcoin and due to only 21 million supply, the demand will be high and so will be the price.
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December 23, 2017, 09:22:46 AM
 #73

well bitcoin cannot replace our traditional normal currency, but they adopt bitcoin for more convenience to use, like we can carry a large amount of money while we are in other country using this bitcoin, we can send/receive money where ever we want in an instant way with no tax implemented. and i personally invest in bitcoin for so many reasons, even the volatility of bitcoin comes every minutes, i always had a chance to change my future life by investing in bitcoin, and i do believe and continue believing in this bitcoin.

Bitcoin is already the next big thing.We had barter system which was replaced by gold. Gold was overcome by the fiat currency and now fiat will end very soon and we will be having a pure digital currency which is called Bitcoins. Just consider the importance of this currency that at present only 20 percent or less population of the world actually use the bitcoin and you can see its price crossing 20K dollars. What will happen when 50 or 80 percent of the people willing to get bitcoin and due to only 21 million supply, the demand will be high and so will be the price.

Bitcoin is now probably the next big thing due to it's popularity where many people are now getting involved and investing due to rising value of this currency. Next year I  believe that this will have a positive effect on the price value due to it's increasing demand.

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December 23, 2017, 12:21:25 PM
 #74

The next big thing is International nation of hackers & geeks. I don't think BTC will or that it needs to replace fiat currency, I cannot imagine buying breakfast in my local vegetable shop with BTC. TBH, I cannot imagine people working there to even begin to understand what bitcoin even is (not even vaguely). The step foward for BTC and crypto in general, IMO, is making more commodities possible to buy with BTC and for that we need still some technological innovations, beter transportation infrastructure etc.  By the time people start accepting crypto for things like carrots for my breakfast salad, in local stores, i think they will then be enlightened enough not to charge money for food and basic sustenance (urban gardening, 3d organic printing, molecular recombination processes). The age of plenty is coming and crypto will have it place in directing human and AI energy into completing projects of value to the (worldwide) community. Currency as a vote, not as a bet!!
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December 23, 2017, 12:22:18 PM
 #75

I think Bitcoin is already a big thing today. Too bad because of how high the fees are with so many unconfirmed txs, I don't think it will last long.
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December 23, 2017, 01:51:07 PM
 #76

yes right now bitcoin is the big thing for any people because as we know that bitcoin in this year have the increase value, this situation makes all investor want to invest and getting profit from bitcoin, so popularity of bitcoin is increased too, and makes all people wan to have bitcoin even the big company see and learn about bitcoin and want to use bitcoin as their payment of their products

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December 25, 2017, 06:51:46 AM
 #77

Hi,

You actually summarize the questions that every bitcoiners worry about. We don't know how to turn this volatile currency into a money that can be used in everyday life. We hope it will last. We bet on making large profits.

Truth is that we don't have the slightest idea about what will happen. But we are trying, hoping luck will be on our side!
Don’t be panic I am sure that in the future all the volatility of bitcoin will finish and it will be constant. Bitcoin is of course a big thing and that’s why more and more people are investing in bitcoin and in the near future bitcoin will be the mainstream.

Although there are more than 1000 cryptocurrency in the market but bitcoin is the leading currency of the world. So I can say that volatility is not a big problem.
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December 25, 2017, 09:05:30 AM
 #78

really bitcoin is a next big thing ,because just two years before value of bitcoin was around $1800 , now it is reached $14000 , so it definitely shows that bitcoin is real next big thing . now bitcoin is gaining more popularity among all crypto currency , more and more people interested in investing on bitcoin crypto currency. i can say bitcoin real  next big thing.

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December 25, 2017, 09:16:29 AM
 #79

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

We must invest Bitcoin today because we will never know when the price goes up again. We all know the price is very unpredictable, sometimes the price will go up and down in just a day. But that is normal so don't panic if the price is decreasing but instead take that as opportunity to buy additional investment and hold for a long period of time until you reached you desired income. Many peola believe that the price of Bitcoin will rise by next year as speculated and they see the benefit of it. Bitcoin helped many people who made their better by trading so we also want to experience that. Just invest now to Bitcoin and hold.
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December 25, 2017, 09:27:04 AM
 #80

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
For tomorrow's come we dont know what would it be so it would be better to invest for now so that tomorrow comes we can have if there is a good impact, even though the price is pumping don't  be worried just do sell so that you can have more to invest in time to time.

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